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20130124
20130201
Search Results 0 to 11 of about 12 (some duplicates have been removed)
it kicking the can down the road but i call it them surrendering. >> here is the point. delaying the debt ceiling, which i said they need to do to -- what are they buying with the few months? not bad forcing the senate to address the budget but what they are not doing, we are not having a national discussion of the medicare numbers we were talking about. we are not having a diagnostic consensus in this country. that, my god, we are going broke which gets you -- they do not go --. >> and i say one thing? the word was used "transformational" and doug said he wants to transform into more of a liberal president. where he ought to be, and we are political insiders association i would give him this political advise, he wanted to be a ronald reagan. he wanted to a transformational president. just as only nixon could go to china, only an african-american re-elected democratic president we can be the guy to take the entitlements and fix them for the long term but he doesn't want to. >> he wants to expand them and transform america. >> they will be bankrupt. >> johnson and fdr got circumstances per
're going to do this at point a, point b, laterfore point c and the same thing with the debt ceiling. everything we do is temporary and this is especially with the gridlock between the republicans with a majority in the house and democrats in the senate. this doesn't, you know, excuse the president from sitting down and talking about the issues, but i don't feel that he's said, okay, these issues don't matter and i don't think they've been on the back burner, i think everyone is very clear with where the president stands as to what his ideas and the democratic philosophy is with regard to job creation, and what we need to do with the economy. the republicans are clear. congress needs to sit down and work this out. the president's not their baby sitter, not running a day care center and the american people need to make our congressional electorates and our senators that are elected, we need to make it known what we want. those are our priorities and by the way, heidi, yesterday, california lowest foreclosure rate in the month of january in years. and that's a step in the right directi
to raise taxes. two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scare hmongering from the president. the -- scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. [applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our fut
the only problem with the suspend the debt ceiling and make it go away, is a three-month part, suspend it. but the no pay, is getting misreported. i imagine this is part of the 27th amendment you point out, it is not no budget, no pay. if they don't pass a budget they don't get paid until the final day of the session. it is no budget, you get paid later. but you get all of your money kept in an escrow account, all handed to you on the last day of the session. it is not the same as no budget, no pay. just one more thing about the bill that is not quite on the level. >> and it is not actually a budget they're talking about. all they're talking about is each body talking about passing a resolution, which is not a law, and doesn't change anything. it is just a resolution, a promise to do something in the future. and the way they have written it, apparently ezra, if the senate passes one, then okay, the senate can get paid. if the house passes one then house members can get paid. but the 27th amendment very simply says no law varying the compensation of the services of senators and representat
turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that point, we can't do business with these guys. boehner can't control the tea party element in his own house. and we're going to have to start running for president and running for president, pushing a liberal agenda. really from mid-summer, boehner says from labor day of 2011, he was very much running for president, pushing the liberal agenda. he was the protector of the middle class. and it is continued up through his re-election and now we see it in his inaugural address, very little talk about common ground. you know he basically dismissed his republican opposition as absolutism, as name-calling. i think you will see a very aggressive,
the difference here is unlike the debt ceiling which has the huge, global third party implications whether the government refinances itself, this is an invention of congress. they've decided please, tie my hands so i don't do it again. i do think therefore there's flexibility in whether they defer it or somehow play it some other way. >> bill: michael our guest finance writer for yahoo. all of this revolves, of course around the debt and the deficit. isn't it also true that we've made significant paydowns of the debt now and that's not -- so big, right but not as serious a problem as it was a year ago. >> this i think is kind of the under tone. it is not being talked about loudly. i do think it is the context for a lot of decisions. no debt has gotten paid down. we're running annual deficits. the absolute size of the government's debt gets bigger but the size of the deaf -- deficits have gone to under a trillion a year this year which no changes no effort really to actually do anything except for the economy to improve tax receipts to go up and you know, lower spending on sort of income su
Search Results 0 to 11 of about 12 (some duplicates have been removed)